Puerto Rico · Nonprofit
FUNDACION RIMAS INC
FUNDACION RIMAS INC (Puerto Rico) receives grants from 3 organizations whose IRS filings report $85,000 to it, the largest being FUNDACION GOOD BUNNY INC ($49,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $1.1M
- Funders on record
- 3
- Grants received
- $85k
- Net assets
- $423k
What Fundacion Rimas Inc does
Mission
Inspire the next generation of leaders through sports, music and art.
As stated on its FY2024 Form 990.
Programs
We are dedicated to shaping the next generation of puerto rican musicians, artists and athletes. Our comprehensive programs includes music programs, collaborations, and artist and athelete partnership that create a profound impact on a diverse array of young individuals. Through strategic alliances with local organizations and industry leaders, we are paving the path for puerto rico's youth to emerge as powerful catalysts of posible change. During year 2024 we have contributed to music, art and sports activities through individuals, communities and groups as follows: 1-a mobile music recording studio that travels to various communities in puerto rico reaching 200 youth musicians. 2-we established two centers in puerto rico for the first vocational program in the music industry and the entertainment. Around 200 youngs attended. 3-on community initiatives program, 15 students attended a steel drum workshop and 613 students attented a lecture on the musical industry local and worlwide. Around 230 youngs attended boxing and basketball clinics and over 300 children at a back-to-school event. 4-we awarded scholarships and direct financial aid to 448 youngs on music, art and sports. 5-we…
$576,638 spent100% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $576,638.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $164k to $427k (+160%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of FUNDACION RIMAS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jose R Benitez
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FUNDACION RIMAS INC’s funders (the co-funder graph). Top 2 of 3 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FUNDACION RIMAS INC leans on a few funders — its largest provides 58% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FUNDACION RIMAS INC runs a healthier operating margin than three-quarters of the 11,263 human services nonprofits its size.
this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024
Organizations like FUNDACION RIMAS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Puerto Rico
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
73% of spending goes to programs.
Governance
Public support
86%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for FUNDACION RIMAS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FUNDACION RIMAS INC?
- FUNDACION RIMAS INC (Puerto Rico) receives grants from 3 organizations whose IRS filings report $85,000 to it, the largest being FUNDACION GOOD BUNNY INC ($49,000). 2 of them have funded it in more than one year.
- How many funders does FUNDACION RIMAS INC have?
- IRS filings report 3 organizations giving $85,000 in grants to FUNDACION RIMAS INC, 2 of which have funded it in more than one year.
- Who is the largest funder of FUNDACION RIMAS INC?
- FUNDACION GOOD BUNNY INC is the largest funder on record, with $49,000 in grants. The full list of funders is on this page.
- How can an organization like FUNDACION RIMAS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Puerto Rico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Fundacion Rimas →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing